Scroll Single-Day Transactions Hit New 200k High: What’s the Cause?

Abstract

• Scroll, a zkEVM community, achieved a brand new excessive of over 200,000 single-day transactions on October 29, 2023.
• The surge in exercise is attributed to the current introduction of the Scroll Origin NFT, a non-transferable soulbound NFT that celebrates early builders.
• Eligible customers will be capable to declare the Scroll Origins NFT beginning December 14, 2023.

zkEVM community Scroll achieved a major milestone on October 29, exceeding a milestone of 200,000 single-day transactions. The achievement coincided with an all-time excessive of 86,636 new addresses created in a single day. Scroll, a brand new participant within the zero-knowledge Ethereum Digital Machine (zkEVM) sector, earlier recorded over $15 million in Whole Worth Locked (TVL) in lower than one week of mainnet launch.

Scroll Day by day transactions Surge

In line with knowledge from Scrollscan, the variety of every day transactions on the Scroll community soared to a brand new excessive of 202,711 on Sunday, October 29, 2023.

Day by day Transaction Chart: Supply: Scrollscan

Equally spectacular is the spike in new addresses, with 86,636 distinctive addresses recorded on the identical day.

Distinctive addresses chart: Supply: Scrollscan

What may very well be driving the unprecedented surge in exercise on Scroll?

A possible catalyst fueling the surge is the current introduction of the Scroll Origin NFT, a non-transferable soulbound NFT. On October 27, Scroll unveiled a commemorative NFT generally known as “Scroll Origins” to have a good time its early builders.

This distinctive NFT incorporates a Scroll-themed background, capturing metadata akin to the primary deployment date, the order of deployment, the deployment handle, and the preliminary deployed contract transaction hash. Notably, Scroll plans extra surprises for builders who deploy distinctive contracts on the Mainnet.

“We envision the Scroll Origins NFT as an emblem of recognition for Scroll’s early builders, a hyperlink that bonds the Scroll group, and a reminder of what’s attainable once we construct and collaborate collectively,” Scroll said.

NFT Eligibility

The Scroll Origins NFT program provides three kinds of NFTs primarily based on the timing of sensible contract deployment inside the first 60 days of the Genesis Block which occurred on October 10, 2023, at 6 AM GMT.

• Quintic: For customers deploying inside the first 30 days of the Genesis Block (earlier than November 9, 2023).
• Quartic: For customers deploying between days 30 and 45 of the Genesis Block (earlier than November 24, 2023).
• Cubic: For customers deploying between days 45 and 60 of the Genesis Block (earlier than December 9, 2023).

Eligible customers will be capable to declare the Scroll Origins NFT on the Scroll web site beginning December 14, 2023, at 10 PM GMT.

Pushing Boundaries

Scroll’s mainnet journey started on October 17 following 15 months of rigorous testing and safety audits throughout three totally different testnets. The Scroll Origins NFT has emerged as a powerful catalyst for progress and group engagement. As Scroll continues to push the boundaries of zkEVM expertise, the current milestone serves as a testomony to the platform’s rising attraction and potential inside the blockchain and NFT panorama.